Turn information into a strategic asset

Effective data analytics drives ROI and improves operations.

09/19/2018


“With an overwhelming amount of data still trapped within process silos, it’s imperative for the sector to look for solutions that can facilitate seamless information integration and sharing for all stakeholders.” Courtesy: L&T Technology Services Ltd.The urge to drive digital transformation has compelled the upstream oil & gas industry to become more receptive to the benefits of data and analytics. A string of new-age data management trends promises to simplify the industry’s journey toward evolving as a data-driven space. However, to move in the right direction, more focus on data integration, uniformity, and security is needed.  

In a recent oil & gas digital trends survey, almost two-thirds of the industry professionals highlighted data-powered analytics as a game changer for the industry. With systematic planning and strategic investments, companies can indeed turn information into a strategic asset and drive ROI. 

The roadblocks 

In an attempt to simplify information management, the oil & gas industry has long embraced solutions that facilitate the convergence of distributed, multilayered systems into a single, unified network architecture. This interconnected smart plant infrastructure has created opportunities for companies to amass data from critical processes, analyze it, and then share it with top-level decision makers. However, this interconnected architecture has its limitations.  

This infrastructure consists of several independent systems working together with separate applications assigned for each process, including quality and risk management, information management, bills of material management, contracting and procurement, enterprise resource planning, plant design, and vendor collaboration. Often, these applications are controlled by different vendors who seldom permit plant operators to integrate one or more applications into their proprietary application suites. 

The resultant multi-application environment involving specific solutions for every process is costly and difficult to maintain. Moreover, proprietary, process-specific applications from multiple vendors working in a single unified environment hinder data uniformity and make information integration and analysis across assets a tedious task. 

Navigating the data deluge 

With an overwhelming amount of data still trapped within process silos, it’s imperative for the sector to look for solutions that can facilitate seamless information integration and sharing for all stakeholders. For instance, a more close-knit data management architecture comprising a unified data aggregator solution can help companies navigate the data deluge, simplify third-party application integration, and empower a company with complete access to data embedded within any downstream application or analytics tools. 

The data management model allows for the reuse of design and process data from one successful project to another. Courtesy: L&T Technology Services Ltd.Data generated by the upstream oil & gas industry typically includes historical work records and operational information, such as process control history, asset and plant design documentation, and maintenance workflows. Integrating a smart plant lifecycle management-based data aggregator solution to collect, store, and analyze such massive data sets generated from multiple sources can help companies make more informed decisions and in turn reap rich dividends. 

By leveraging the solution, plant operators can create a repository of critical plant lifecycle information pertaining to project execution, project collaboration, configuration management, requirements management, and change management. This data can be made available throughout the enterprise to help stakeholders plan, operate, and execute changes to the plant functions more easily and that too, with minimal financial repercussions. 

One of the most significant aspects of this data management model is that it allows for the reuse of design and process data from one successful project to another. In fact, it can help plant operators eradicate the complexity of designing both new and retrofitting projects by: 

  • Constantly validating, enriching, and reconciling data across multiple sources on a real-time basis throughout the entire asset lifecycle 
  • Fostering complete data lineage and simplifying data auditing for all stakeholders, including suppliers, plant design partners, and third-party plant management solution providers
  • Facilitating the integration of a high-end digital twin application with the data management platform to create a digital replica of an entire facility and its corresponding data assets. 

A distinct aspect of the digital twin technology is its ubiquity across the plant lifecycle. No matter how complex a facility becomes in its data architecture, digital twin automatically can reconcile and update information about the facility’s design, manufacturing, and service requirements. That’s the kind of possibility that heralds a new future for the industry. That’s a future worth investing in.   

Anand Chordia is global head of plant engineering at L&T Technology Services Ltd.

 



Top Plant
The Top Plant program honors outstanding manufacturing facilities in North America.
Product of the Year
The Product of the Year program recognizes products newly released in the manufacturing industries.
System Integrator of the Year
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
October 2018
Tools vs. sensors, functional safety, compressor rental, an operational network of maintenance and safety
September 2018
2018 Engineering Leaders under 40, Women in Engineering, Six ways to reduce waste in manufacturing, and Four robot implementation challenges.
July/Aug
GAMS preview, 2018 Mid-Year Report, EAM and Safety
October 2018
2018 Product of the Year; Subsurface data methodologies; Digital twins; Well lifecycle data
August 2018
SCADA standardization, capital expenditures, data-driven drilling and execution
June 2018
Machine learning, produced water benefits, programming cavity pumps
Spring 2018
Burners for heat-treating furnaces, CHP, dryers, gas humidification, and more
October 2018
Complex upgrades for system integrators; Process control safety and compliance
September 2018
Effective process analytics; Four reasons why LTE networks are not IIoT ready

Annual Salary Survey

After two years of economic concerns, manufacturing leaders once again have homed in on the single biggest issue facing their operations:

It's the workers—or more specifically, the lack of workers.

The 2017 Plant Engineering Salary Survey looks at not just what plant managers make, but what they think. As they look across their plants today, plant managers say they don’t have the operational depth to take on the new technologies and new challenges of global manufacturing.

Read more: 2017 Salary Survey

The Maintenance and Reliability Coach's blog
Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
One Voice for Manufacturing
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Maintenance and Reliability Professionals Blog
The Society for Maintenance and Reliability Professionals an organization devoted...
Machine Safety
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
Research Analyst Blog
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Marshall on Maintenance
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
Lachance on CMMS
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
Material Handling
This digital report explains how everything from conveyors and robots to automatic picking systems and digital orders have evolved to keep pace with the speed of change in the supply chain.
Electrical Safety Update
This digital report explains how plant engineers need to take greater care when it comes to electrical safety incidents on the plant floor.
IIoT: Machines, Equipment, & Asset Management
Articles in this digital report highlight technologies that enable Industrial Internet of Things, IIoT-related products and strategies.
Randy Steele
Maintenance Manager; California Oils Corp.
Matthew J. Woo, PE, RCDD, LEED AP BD+C
Associate, Electrical Engineering; Wood Harbinger
Randy Oliver
Control Systems Engineer; Robert Bosch Corp.
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Design of Safe and Reliable Hydraulic Systems for Subsea Applications
This eGuide explains how the operation of hydraulic systems for subsea applications requires the user to consider additional aspects because of the unique conditions that apply to the setting
click me